FAQ About Black Friday
Black Friday
3 years ago | gizem
Why is it called 'Black Friday'?
It is believed by many that the term Black Friday derives from the concept that businesses operate at a financial loss, or are “in the red,” until the day after Thanksgiving, when massive sales finally allow them to turn a profit, or put them “in the black.” However, this is untrue.
In the early 1960s, police officers in Philadelphia began using the phrase “Black Friday” to describe the chaos.